Terms & Conditions

FF Forest General Terms and Conditions

These General Terms and Conditions (“the Terms”) apply to the FF Forest platform, its affiliates, or partners, collectively referred to as “the Platform,” “FF Forest,” “we,” “us,” and/or “our(s).” These Terms also govern FF Forest products and services (“the Services”).

In these Terms, any user of the Platform, including employees, agents, affiliates, owners, partners, or any other entity related to such user, whether registered or considering registration, is addressed as “You” or “Your” concerning personal rights and liabilities, and as “user(s)” in a general context.

Acceptance of Terms

By utilizing the Platform, you explicitly agree to abide by these Terms. If you disagree, kindly refrain from using the Platform.

FF Forest reserves the right, at its sole discretion, to modify, add, or remove portions of these Terms at any time. It is Your responsibility to review these Terms for changes periodically. Continued use of the Platform after changes are posted indicates Your acceptance of and Agreement to the modified Terms.

As long as You adhere to these Terms, FF Forest grants You a personal, non-exclusive, non-transferable, and limited privilege to access and use the Platform.

General Definitions

Operator:
Entity that is managing the platform/portal/webpage https://ff-forest.com
Virtual Currencies:
Digital representations of value functioning as a medium of exchange, a unit of account, and/or a store of value. These employ cryptographic techniques to regulate digital unit generation and verify asset transfers via blockchain. Virtual Currencies have no Legal Tender and operate independently from central banks in any jurisdiction.
Stablecoins:
A category of virtual currency that can be pegged to virtual currency, fiat money, or exchange-traded commodities of legal tender.
Cryptoassets:
When referred to jointly, the collective term encompassing Virtual Currencies and Stablecoins.
User:
An individual or legal entity registered on the FF Forest website and using, or interested in using, FF Forest's services.
Fiat Currencies:
Money or currency recognized by a government as a Legal Tender, deriving value from the government's backing. It does not include any virtual currency.
Funds:
A term encompassing Crypto assets and/or Fiat Currencies of Legal Tender when referred to jointly.
Legal Tender:
Any national currency (e.g. EURO) that can be used in connection with cryptoassets via the Services. It excludes virtual currencies.
Blockchain:
A system where transaction records made in Virtual Currency are maintained across interconnected computers in a peer-to-peer network.
KYC:
Abbreviation for Know Your Customer (or Client), the process of verifying the identity of customers or clients and assessing potential risks of illegal intentions for the business relationship.
AML:
Abbreviation for Anti-Money Laundering, a set of procedures, laws, and regulations designed to prevent generating income through illegal actions.
Your Account:
A user's account accessible at FF Forest via the Services offered on the Platform, where Funds may be stored.
Individual Account:
Owned by a single person or entity with the ability to transfer or withdraw virtual currency. A maximum of 1 (one) Individual Account is allowed per individual.
Corporate Account:
Owned by any legal entity holding an Account in any capacity other than an individual one.
Affiliate:
Any legal entity related to FF Forest through share ownership, joint ownership, or other means of control, including parent companies and subsidiaries.
Partner:
Any entity or individual that has entered into a partnership agreement with FF Forest and/or integrated any FF Forest products into its website.
Portal:
The FF Forest website: https://ff-forest.com
Referrer:
A FF Forest User who introduces another person to the platform through the referral link (URL) provided to them.
Referred Person:
An individual who registers as a FF Forest User using the unique referral link provided by the Referrer under the Referral Program.
URL:
A link generated by FF Forest for the Referrer to participate in the Referral Program.
Referral Reward:
A bonus given to the Referrer if all conditions for the Referrer or the Referred Person are fulfilled.
Registration Date:
Refers to the day when the Referred Person registers as a User on the Portal using the unique URL provided by the Referrer, and the registration is trackable by FF Forest.
Calculation Date:
The day that is 30 calendar days after a deposit is made into a FF Forest project.

1. PLATFORM MANAGEMENT

1.1 SIA FF Forest operates the ff-forest.com digital platform and associated services. The Platform serves as an information and technological solution, providing various digital services globally.

1.2 For more information about the FF Forest, contact support@ff-forest.com.

2. REGISTRATION ON THE PLATFORM AND ACCOUNT CREATION

2.1 By registering on the Platform and accepting these Terms, you enter into a comprehensive agreement with FF Forest. Only registered users are entitled to utilize FF Forest's products and services.

2.2 When using the Platform, confirm that you:

2.3 Do not register if you are a resident of a jurisdiction where FF Forest is unauthorized to provide services or if your use of services is deemed illegal.

3. KYC PROCEDURE AND ACCOUNT ACTIVATION

3.1 To activate your account, undergo the Know Your Customer (KYC) procedure as per FF Forest's Anti-Money Laundering (AML) policy.

3.2 Partnership with a regulated entity may exempt you from additional KYC if compliant with European Union AML/KYC requirements.

3.3 Your unique ID number, assigned upon registration, is the primary identification for Platform services.

4. YOUR DATA

4.1 FF Forest processes your data as defined in the Privacy Policy. By accepting the Agreement, you consent to this data processing.

4.2 Personal data processing purposes include record-keeping, service provision, financial and statistical analysis, and rights protection.

4.3 KYC data may be shared with third parties in compliance with applicable regulations.

5. YOUR IDENTIFICATION

5.1 Identification follows FF Forest's internal control system and AML policy.

5.2 You authorize us to verify your identity and use credit reports or third-party information.

5.3 Provide true, accurate, and up-to-date information. Notify us promptly of any changes.

6. CURRENCIES AND FUNDS TRANSFER

6.1 Only listed Virtual Currencies and Fiat Currencies are accepted. Changes may occur without prior notice.

6.2 Represent and warrant ownership or valid authorization for funds in your account.

6.3 Funds transferable to FF Forest are for specific product purposes.

6.4 Transaction requests are pending until we accept them. We may refuse or delay for various reasons.

7. PAYMENT FOR PLATFORM SERVICES

7.1 Pay service fees as per the Fees listed on the Platform.

7.2 We may withdraw service fees from your FF Forest account without prior notification.

8. YOUR RIGHTS AND OBLIGATIONS

8.1 You undertake not to engage in illicit conduct, provide accurate information, use secure means for electronic communications, and promptly update changes.

8.2 False information may result in service termination.

8.3 Corporate Customer may access the Portal through an individual serving as their legal representative, who must be registered as a User on the Portal.

8.4 Portal's information is not an offer or invitation to purchase investment-related advice, products, or services, nor is it directed at jurisdictions or individuals where such offers are unlawful. Users access the Portal voluntarily, at their own risk, and must comply with all applicable laws and regulations.

8.5 Users are responsible for assessing the suitability and risks of transactions on the Portal and should consult specialized advisors if needed.

9. FF Forest's RIGHTS AND OBLIGATIONS

9.1 FF Forest aims to keep the Platform operational, accessible, and secure.

9.2 FF Forest is not liable for taxes resulting from your transactions. Additional services are subject to these Terms.

9.3 Operator shall not be held liable for any loss or damage incurred by the User as a result of the Website or Platform being inaccessible at any time or for any reason.

9.4 Operator reserves the right to modify the Platform at any time, including adding, altering, or removing features, at its sole discretion, without seeking the User's consent or providing prior notice. Additionally, the Operator may, at its discretion, discontinue the operation of the Portal at any time.

9.5 Operator is not responsible for the accuracy or completeness of information provided by third parties if it is shared on the Portal in its original form as received. Users who identify incorrect information on the Portal are required to notify the Operator promptly.

10. ACCOUNT STATEMENTS

10.1 Account statements are available online or via email upon request.

10.2 Notify us of any discrepancies within 30 days of statement availability.

11. TAXES

11.1 Determine and comply with applicable taxes related to your transactions.

11.2 FF Forest does not withhold taxes unless legally required.

12. TRANSFER OF YOUR ACCOUNT

12.1 Your account is non-transferable. Transfers require verification of the new user.

12.2 Unauthorized platform use is prohibited.

13. AMENDMENT AND TERMINATION OF AGREEMENT

13.1 FF Forest may change Terms without notice. Continued use implies Agreement.

13.2 FF Forest may restrict, terminate, or delete your account for various reasons.

13.3 To terminate, notify FF Forest three business days in advance.

14. RISK DISCLOSURE

14.1 No fiduciary relationship is established.

14.2 Your account is not insured, and Crypto assets are not Legal Tender.

14.3 Legislative changes may affect Cryptoasset use and value.

14.4 Consider risks carefully.

15. DISCLAIMER, INDEMNIFICATION, AND LIABILITY LIMITATION

15.1 The Platform is provided “as is” without warranties.

15.2 FF Forest is not liable for indirect damages, and your liability indemnifies FF Forest.

15.3 FF Forest's maximum liability is your funds in the account at the time of loss.

16. LEGAL PROCESS AFFECTING ACCOUNTS

16.1 Legal procedures may affect account withdrawals or transfers.

16.2 We reserve the right to claim funds in case of legal procedures.

16.3 We may charge expenses related to legal procedures.

17. OTHER TERMS AND CONDITIONS

17.1 The Agreement is effective upon your Agreement and account creation.

17.2 Terms are binding until account deletion and product commitments fulfillment.

17.3 English versions of the Terms prevail in case of translation discrepancies.

17.4 Legal notices may be published on the Platform without additional notification.

18. REFERRER CONDITIONS

18.1. To qualify for the Referral Bonus, the Referrer must be either a registered legal entity or an individual aged at least 18 years.

18.2. Users interested in becoming a Referrer can find the URL in their Portal account, which they can share, send, or distribute.

18.3. The Referrer and the Referred Person must not have any shared beneficial owners if the Referrer is a legal entity.

18.4. Qualified Referrers who satisfy all terms will earn a one-time Referral Reward of mentioned in platform, contingent on the Referred Person fulfilling these requirements:

18.5. The Referral Reward will be added to the Referrer's Portal account within 30 calendar days following the Calculation Date, provided all criteria for the Referrer have been met.